Price Analysis
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Dogecoin (DOGE): Next Rally Might Solely Depend on Bulls Pushing Past This Vital Level
DOGE presented buying opportunities following the $0.07100 retest. A move under $0.06930 will halt forecasted upside moves. Dogecoin’s latest correction saw the meme coin dropping around 9% of its value. As a result, the alt slid to $0.6930 from $0.07749. However, maintaining the current $0.06930 foothold can support bulls to trigger recoveries, potentially triggering a…
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Litecoin, Terra Classic, Internet Computer, and The Graph Outshine Markets – December 27
Some alternative tokens present massive movements as the overall cryptocurrency market consolidates beyond the $800B market cap. LUNC has been among the top-performing alts for December, gaining approximately 16% yesterday. The overall crypto market capitalization continues to sway around the $800 billion mark as we are about to end 2022. While Bitcoin wavered beyond the…
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Litecoin (LTC) Price Forecast: This Resistance Might Catalyze New Rally
LTC saw new dips beneath the $80 foothold. Litecoin has its price action beneath the 4hr 100 Simple Moving Average and $70. The LTC/USD 4hr chart shows a crucial bearish trend-line developing with resistance at around $70.50. Overpowering the barrier at $72 might trigger decent upsides for the altcoin. Litecoin’s price swayed well beyond the…
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Decentraland (MANA): Why $0.3101 Might Trigger Upside Moves
MANA printed bullishness on the 4hr chart. Overpowering a crucial obstacle may see the altcoin soaring to $0.3141. A break under the $0.3019 demand region will cancel the forecast. Decentraland (MANA) price has recorded pullbacks since December 2021. As a result, the bulls attempted rallies after securing the $0.3019 stable support floor. Nonetheless, they encountered…
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VeChain (VET) Gains 4% As Investors Hunt Profits Before Christmas
VET investors might profit at $0.01778. Breaking beneath the $0.01583 might cancel VET’s bullish streak. VET displays price recoveries at around $0.01583. VeChain has witnessed a 4% price increase over the past 24 hours to $0.0161. CoinGecko data indicates that increased VET demand catalyzed the uptick. Meantime, continued buying momentum might see VET climbing towards…
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The Parliament of India Discusses Crypto Regulations & Exchange Investigations
The Indian government has been in constant progress in regulating cryptocurrency. That follows the alarming rate of acceptance by the citizens. But on the other hand, regulation of these assets demands international cooperation to improve their efficiency and effectiveness. Because crypto assets are decentralized, this requires global assistance to avoid illegitimate investment. The enforcement agency,…
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Minnesota Representative Says SEC Chair Must Appear Before Congress to Address Its Concerns
On Sunday, Minnesota Representative Tom Emmer called out Securities and Exchange Commission(SEC) Chair Gary Gensler, demanding that he addresses Congress about his approach to regulating crypto. Emmer believes SEC’s failure to gather information needed from crypto firms will continue to cause disasters like the recent FTX exchange collapse. Emmer claims that the SEC has not…
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IMPT ICO Raises Over $15 Million With Only Four Days Left Before Presale Ends
Carbon-offsetting platform IMPT sets its token listing price at $0.025, 9% above the final presale price. The news comes four days before the fundraising for the project ends. In just two months, IMPT raised over $15 million, with $300,000 of this amount raised in the past 24 hours. IMPT CEO Denis Creighton wrote on the…
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Ripple (XRP) Price Forecast – Should You Buy the Dip as Bears Struggle?
While writing these lines, XRP consolidated beyond $0.375 & $0.380 against the USD. The cross-border transactions coin trades near $0.388 and the 4-hr 100 SMA. XRP/USD 4hr chart shows a contracting triangle developing with support at $0.382. Clearing the resistance region at $0.400 might welcome a massive increase. Ripple consolidates beyond the support zone of…
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Despite Its Growth, AAVE Remains Behind This Rival on This Metric
Aave outshines MakerDAO in new users but trailed in volume. AAVE’s collect revenue and TVL continued to dip despite the alt showcasing growth over the past year. New Dune analytics data indicated that Aave presented substantial growth within the past few quarters. That came as the alternative asset saw increased users. Nevertheless, the protocol could…
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